Christian John Taubman - Nov 20, 2023 Form 4 Insider Report for Redfin Corp (RDFN)

Role
Chief Growth Officer
Signature
/s/ Anthony Kappus
Stock symbol
RDFN
Transactions as of
Nov 20, 2023
Transactions value $
-$149,633
Form type
4
Date filed
11/22/2023, 02:47 PM
Previous filing
Aug 25, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDFN Common Stock Options Exercise $0 +2.93K +4.87% $0.00 63.2K Nov 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$4.83K -714 -1.13% $6.77 62.4K Nov 20, 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +596 +0.95% $0.00 63K Nov 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$988 -146 -0.23% $6.77 62.9K Nov 20, 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +618 +0.98% $0.00 63.5K Nov 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$1.02K -151 -0.24% $6.77 63.4K Nov 20, 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +3.83K +6.05% $0.00 67.2K Nov 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$6.32K -934 -1.39% $6.77 66.3K Nov 20, 2023 Direct
transaction RDFN Common Stock Options Exercise $0 +6.57K +9.92% $0.00 72.8K Nov 20, 2023 Direct F1
transaction RDFN Common Stock Tax liability -$10.8K -1.6K -2.2% $6.77 71.2K Nov 20, 2023 Direct
transaction RDFN Common Stock Sale -$126K -19.3K -27.11% $6.51 51.9K Nov 21, 2023 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDFN Restricted Stock Unit Options Exercise $0 -2.93K -100% $0.00* 0 Nov 20, 2023 Common Stock 2.93K Direct F1, F4
transaction RDFN Restricted Stock Unit Options Exercise $0 -596 -33.31% $0.00 1.19K Nov 20, 2023 Common Stock 596 Direct F1, F5
transaction RDFN Restricted Stock Unit Options Exercise $0 -618 -14.29% $0.00 3.71K Nov 20, 2023 Common Stock 618 Direct F1, F6
transaction RDFN Restricted Stock Unit Options Exercise $0 -3.83K -9.09% $0.00 38.3K Nov 20, 2023 Common Stock 3.83K Direct F1, F7
transaction RDFN Restricted Stock Unit Options Exercise $0 -6.57K -14.29% $0.00 39.4K Nov 20, 2023 Common Stock 6.57K Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis upon settlement.
F2 The reporting person effected the transaction pursuant to a Rule 10b5-1 trading plan that he adopted on August 18, 2023.
F3 The reporting person executed the transaction in multiple trades at prices ranging from $6.38 to $6.64. The reported price reflects the weighted average price of all trades. The reporting person will provide to the SEC staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares traded at each separate price.
F4 1/4 of the restricted stock units vested on November 20, 2020, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by November 20, 2023.
F5 1/4 of the restricted stock units vested on May 20, 2021, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2024.
F6 1/4 of the restricted stock units vested on May 20, 2022, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2025.
F7 1/4 of the restricted stock units will vest on May 20, 2023, and 1/16 of the restricted stock units will vest quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2026.
F8 1/8 of the restricted stock units will vest on August 20, 2023 and quarterly thereafter, such that 100% of the restricted stock units will be vested by May 20, 2025.